Cloud and telephony solutions provider Big V Telecom is planning to raise Rs 400 million. The company has also appointed Surmount Advisors as the banker for the proposed funding.

Big V Telecom intends to use the funds to expand operations and for marketing activities and technology upgrade. While the company already has offices in Nagpur and Bengaluru, it is planning to increase its footprints to Delhi and Pune to cater to large clients. The company is also considering foraying into the Southeast Asian markets.

The company offers telephony solutions to small and medium enterprises. It provides solutions such as your own call center technology, telephony value added services, bulk voice calling and SMS gateway solutions.